ZENSAR TECHNOLOGIES Plunges by 5%; BSE IT Index Down 4.3%
March 19, 2020 09:37 AM

ZENSAR TECHNOLOGIES share price has plunged 5% and is presently trading at Rs 97.

Meanwhile, the BSE IT Index is at 11,297 (down 4.3%).

Among the top losers in the BSE IT Index today are ZENSAR TECHNOLOGIES (down 5.0%) and ORACLE FINANCIAL (down 5.2%).

MPHASIS (up 0.4%) is among the top gainer today.

Over the last one year, ZENSAR TECHNOLOGIES has moved down from Rs 230 to Rs 97, registering a loss of Rs 133 (down 57.9%)..

The BSE IT has moved down from 14,985 to 11,297, loss of 3,688 points (down 24.6%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were [param_historic_top3].

What About the Benchmark Indices?

The BSE Sensex is at 27,773 (down 6.3%).

In the meantime, NSE Nifty is at 8,099 (down 6.2%). POWER GRID (up 2.1%) and NTPC (up 1.6%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,095 to 27,773, registering a loss of 10,322 points (down 28.96%).

ZENSAR TECHNOLOGIES Financial Update...

ZENSAR TECHNOLOGIES net profit down at Rs 412 million for the quarter ended December 2019, compared to a loss of Rs 565 million a year ago. Net Sales declined 1.4% to Rs 10.2 billion during the period as against Rs 10.4 billion in October-December 2018.

For the year ended March 2018, ZENSAR TECHNOLOGIES reported 3.4% increase in net profit to Rs 2.5 billion compared to net profit of Rs 2.4 billion during FY17.

Revenue of the company grew 1.7% to Rs 31 billion during FY18.

The current Price to earnings ratio of ZENSAR TECHNOLOGIES, based on rolling 12 month earnings, stands at 1.5x.